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  1. CCI of average - indicator for MetaTrader 5

    by , 10-22-2018 at 11:56 AM
    CCI of average - indicator for MetaTrader 5

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    The commodity channel index (CCI) is an oscillator originally introduced by Donald Lambert in 1980.
    CCI measures a security’s variation from the statistical mean.
    The CCI is calculated as the difference between the typical price of a commodity and its simple moving average, divided by the mean absolute deviation of the typical price. The index is usually scaled by an inverse factor
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